HUD AWARDS $70 MILLION TO BUILD CAPACITY TO UNDERTAKE COMMUNITY DEVELOPMENT ACTIVITIES

WASHINGTON, DC – May 15, 2012 – (RealEstateRama) — In a budget climate where state and local governments are challenged to do more with less, the U.S. Department of Housing and Urban Development (HUD) today awarded $70 million in grants to help communities and non-profit organizations, improve their use of federal funds to revitalize neighborhoods, help the homeless and produce more affordable housing.


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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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